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Forex Market: USD/NOK daily forecast

June 30, 2014 7:17 am
During Friday’s trading session USD/NOK traded within the range of 6.1207-6.1545 and closed at 6.1276. At 7:12 GMT today USD/NOK was gaining 0.10% for the day to trade at 6.1339. The pair touched a daily high at 6.1348 at 7:14 GMT. Fundamental view United States The Chicago Purchasing Managers Index (PMI) probably slowed down to […] Read more

Forex Market: EUR/NZD trading forecast for Monday

June 29, 2014 7:16 am
During Friday’s trading session EUR/NZD traded within the range of 1.5506-1.5570 and closed at 1.5550, gaining 0.32% for the day. Fundamental view Euro zone Retail Sales in Germany, the largest economy in the Euro zone, probably rose 0.7% in May, following an unexpected 0.9% drop in the previous month. The index measures the turnover in […] Read more

Forex Market: NZD/USD trading forecast for Monday

June 28, 2014 7:45 am
During Friday’s trading session NZD/USD traded within the range of 0.8754-0.8790 and closed at 0.8778, gaining 0.08% for the day. Fundamental view New Zealand Statistics New Zealand is scheduled to release an official report on the number of issued building permits in May. The report is due out at 22:45 GMT on Sunday. Building Permits […] Read more

Forex Market: AUD/USD forecast for Monday

June 28, 2014 7:38 am
During Friday’s trading session AUD/USD traded within the range of 0.9406-0.9441 and closed at 0.9423, gaining 0.09% for the day and 0.35% for the week. Fundamental view Australia At 0:30 GMT on Monday (June 30th) the University of Melbourne will release its estimate of inflation in Australian economy during June. Annualized inflation estimate for May […] Read more

Forex Market: AUD/USD daily forecast

June 27, 2014 11:22 am
During yesterday’s trading session AUD/USD traded within the range of 0.9396-0.9420 and closed at 0.9406. At 11:16 GMT AUD/USD traded at 0.9418, gaining 0.03% for the day. The pair touched a daily high at 0.9441 at 6:45 GMT, breaching the two key resistances. Fundamental view The monthly survey by Thomson Reuters and the University of […] Read more

Forex Market: EUR/USD daily forecast

June 27, 2014 7:39 am
During yesterday’s trading session EUR/USD traded within the range of 1.3576-1.3641 and closed at 1.3612. At 7:34 GMT today EUR/USD was adding 0.08% for the day to trade at 1.3622. The pair touched a daily high at 1.3635 at 6:55 GMT. Fundamental view Euro zone Euro zone’s gauge of economic sentiment probably improved to a […] Read more

Forex Market: EUR/GBP daily forecast

June 27, 2014 7:20 am
During yesterday’s trading session EUR/GBP traded within the range of 0.7983-0.8032 and closed at 0.7996. At 7:15 GMT today EUR/GBP was gaining 0.09% for the day to trade at 0.8001. The pair touched a daily high at 0.7984 at 7:00 GMT. Fundamental view Euro zone Euro zone’s gauge of economic sentiment probably improved to a […] Read more

Forex Market: GBP/CAD daily forecast

June 27, 2014 7:09 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8182-1.8264 and closed at 1.8203. At 7:04 GMT today GBP/CAD was losing 0.02% for the day to trade at 1.8196. The pair touched a daily low at 1.8194 at 7:03 GMT. Fundamental view The final reading of the British GDP probably matched the preliminary reading […] Read more

Forex Market: USD/SEK daily forecast

June 27, 2014 6:55 am
During yesterday’s trading session USD/SEK traded within the range of 6.7214-6.7675 and closed at 6.7368. At 6:48 GMT today USD/SEK was losing 0.09% for the day to trade at 6.7309. The pair touched a daily low at 6.7279 at 6:35 GMT. Fundamental view Sweden Retail Sales in Sweden probably rose 3.7% in May compared to […] Read more

Forex Market: EUR/SEK daily forecast

June 27, 2014 6:42 am
During yesterday’s trading session EUR/SEK traded within the range of 9.1610-9.1944 and closed at 9.1692. At 6:37 GMT today EUR/SEK was losing 0.01% for the day to trade at 9.1700. The pair touched a daily low at 9.1687 at 6:00 GMT. Fundamental view Retail Sales in Sweden probably rose 3.7% in May compared to a […] Read more